Sweden PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

Sweden PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

  • May 2021 •
  • 46 pages •
  • Report ID: 6072844 •
  • Format: PDF
Sweden PESTLE Insights - A Macroeconomic Outlook Report

Summary
Financial intermediation, real estate and business activities contributed 22.5% to the gross value added (GVA) in 2020, followed by mining, manufacturing and utilities (18.8%) and wholesale, retail and hotels (12.9%). In nominal terms, the three sectors are forecast to grow by 6.0%, 4.0% and 5.6%, respectively in 2021.

Östra Sverige and Södra Sverige contributed 85.4% to the country’s GDP in 2019 and comprised 83.0% of Sweden’s population in 2020

Scope
- As per the World Bank’s logistics performance index (LPI), transport and logistics infrastructure in Sweden improved its rank to second in 2018 from third in 2016 (out of 160 countries)
- The overall OMX30 index exhibited an upward trend over the last year. As of April 14, 2021, the OMX Stockholm 30 index stood at 2,247.2, compared to 1,535.8 on April 14, 2020.

Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
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